Stanford GSB | Mr. Entrepreneurial Bassist
GMAT 740, GPA 3.61
McCombs School of Business | Ms. Second Chances
GRE 310, GPA 2.4
Rice Jones | Mr. Back To School
GRE 315, GPA 3.0
Cornell Johnson | Mr. IT To IB
GMAT 660, GPA 3.60
Kellogg | Mr. Green Business
GMAT 680, GPA 3.33; 3.9 for Masters
Duke Fuqua | Ms. Account Executive
GMAT 560, GPA 3.3
NYU Stern | Mr. Military Officer
GRE In Progress, GPA 2.88
Kellogg | Mr. Real Estate Finance
GMAT 710, GPA 3.0
Kellogg | Mr. Finance To Education
GMAT 730, GPA 3.4
Stanford GSB | Ms. Artistic Engineer
GMAT 730, GPA 9.49/10
Emory Goizueta | Mr. Multimedia
GRE 308, GPA 3.4
UCLA Anderson | Mr. Commercial Banker
GMAT 700, GPA 3.3
IU Kelley | Mr. Construction Manager
GRE 680, GPA 3.02
Harvard | Mr. Healthcare Fanatic
GMAT 770, GPA 3.46
Harvard | Mr. Sovereign Wealth Fund
GMAT 730, GPA 3.55
Harvard | Mr. Smart Operations
GMAT 760, GPA 4.0
Darden | Mr. Strategy Manager
GRE 321, GPA 3.5
Ross | Mr. Airline Engineer
GMAT 730, GPA 3.73
Stanford GSB | Mr. Corporate VC Hustler
GMAT 780, GPA 3.17
Wharton | Mr. Marketing Director
GMAT 710, GPA 3.3
Ross | Ms. Healthcare Startup
GRE 321, GPA 3.51
Georgetown McDonough | Ms. Air Force
GMAT 610, GPA 3.8
Stanford GSB | Mr. JD To MBA
GRE 326, GPA 3.01
Harvard | Mr. MacGruber
GRE 313, GPA 3.7
Berkeley Haas | Mr. Poet At Heart
GMAT 740, GPA 3.7
Yale | Mr. Ukrainian Biz Man
GRE 310, GPA 4.75 out of 5
Darden | Mr. Former Scientist
GMAT 680, GPA 3.65

World’s Best B-School Professors: Raghuram Rajan

Chicago Booth’s Raghuram Rajan is one of the world’s best business school profs

Raghuram Rajan

Booth School of Business


Claim to Fame: Financial Economist

Age: 48


Massachusetts Institute of Technology, PhD

Indian Institute of Management, MBA

At Booth Since: 1991

Fun Fact: After four years as an assistant professor he skipped the typical move to associate professor and received tenure as a full professor.

If you weren’t teaching, what would be your dream job?

It is hard to imagine anything that is equally interesting and that gives one so much satisfaction. My guess, though, is that the human being has a tremendous capacity to rationalize what they are doing. So if I had taken up any of my earlier “dream” jobs – fighter pilot (as a child), official in the World Bank (as an undergrad), or an activist in a Non-Government Organization (as a Ph.D. student) – I might be equally happy.

What do you like most about your current job?

You have a wide variety of experiences, ranging from the classroom to the boardroom. You communicate with a wide audience. You learn constantly. You have great flexibility. You feel you are making a difference. And someone actually pays you to do it.

What do you like least?

Very little to dislike, so it would be nit-picking if I highlight the few small discomforts in an otherwise perfect job.

What does it take to excel as professor at a business school?

I don’t know that there is a single recipe. I personally find it satisfying to do a variety of things – to teach both MBAs and PhD students, to do research, to write for a wider audience, to give public speeches, to work with corporations, and to participate in policy debates. Each activity helps enrich what I bring to the others, and helps my overall contribution to the business school. At the same time, there are perfectly good alternatives – some people contribute by focusing on research alone, while others are star teachers, and yet others make a solid career in academic administration. A business school needs professors of all kinds to be a great school.

Raghuram Rajan’s list of distinguished appointments easily demonstrates his clout as a financial economist.

Exhibit A: He is the Chief Economic Advisor to the Indian government, a post awarded this past August after serving India’s Prime Minister as honorary economic advisor since 2008.

Exhibit B: From 2003 to 2006, he served as chief economist at the International Monetary Fund while taking a brief leave from the Booth School.

Exhibit C: Rajan is also the current president of the American Finance Association.

Professor Rajan has earned these and other similar titles due to his insights into a wide swath of the economy: banking, corporate finance, and the role of finance in economic development. He is widely credited for the warning signs he posed in the years leading up to the economic collapse in the U.S. Specifically looking at the banking industry, Professor Rajan took a gutsy stand when he explicitly outlined the threats posed by a banking industry that lacked effective risk management.

Now in the aftermath of a systemic breakdown of the U.S. economy, Rajan’s most recent book, Fault Lines: How Hidden Cracks Still Threaten the World Economy, won the Financial Times Business Book of the Year award in 2010. Through this book and other outlets, Rajan continues to address the causes of the economic breakdown and offers up proposed remedies to get us back on the right track. Rajan’s interests outside of financial economics include tennis, squash, history, and Indian politics.